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India overtakes Japan to become 4th largest economy at $4 trillion: NITI Aayog CEO

  • India has surpassed Japan to become the fourth largest economy at $4 trillion, as per NITI Aayog CEO.
  • According to IMF data, India is now larger than Japan and is projected to become the third largest economy in 2-3 years.
  • The IMF's World Economic Outlook report projects India's economy to grow by 6.2% in 2025 and 6.3% in 2026, maintaining its status as the fastest-growing large economy.
  • During the NITI Aayog Governing Council Meeting, discussions were held on various themes including manufacturing services, rural and urban economy, and green economy.

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